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Uchumi - A value play?
mlennyma
#201 Posted : Tuesday, June 21, 2016 3:02:36 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,175
Location: nairobi
Ericsson wrote:
Julius Kipngetich in yesterday's news said the turn around fruits of Uchumi will start being seeing in 8 weeks.
Let's give him the benefit and see

however sweet he talks capital injection has the last say
"Don't let the fear of losing be greater than the excitement of winning."
Ericsson
#202 Posted : Tuesday, June 21, 2016 3:16:37 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,641
Location: NAIROBI
Billions from Rotich on the way
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
maka
#203 Posted : Tuesday, June 21, 2016 3:22:29 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Ericsson wrote:
Billions from Rotich on the way


The guys who looted are scot free...so sad.Sad
possunt quia posse videntur
Othelo
#204 Posted : Tuesday, June 21, 2016 3:30:28 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
VituVingiSana wrote:
sparkly wrote:
murchr wrote:
Ericsson wrote:
Share price now at 2.95.
The race to ksh.1 per share now has a new entrant.


I trust Kipng'etich, he revealed that the suppliers are owed 3.6Bn, who else is owed money? Bank loans?


Where is @mkonomtupu, he who disagreed strongly when I said Uchumi was headed for Insolvency 2.0!
Hah! And his support for KQ. Labda, like Uchumi & KQ, he is now insolvent!

You guys are sadists Laughing out loudly Laughing out loudly Laughing out loudly
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
obiero
#205 Posted : Tuesday, June 21, 2016 3:32:52 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,475
Location: nairobi
Othelo wrote:
VituVingiSana wrote:
sparkly wrote:
murchr wrote:
Ericsson wrote:
Share price now at 2.95.
The race to ksh.1 per share now has a new entrant.


I trust Kipng'etich, he revealed that the suppliers are owed 3.6Bn, who else is owed money? Bank loans?


Where is @mkonomtupu, he who disagreed strongly when I said Uchumi was headed for Insolvency 2.0!
Hah! And his support for KQ. Labda, like Uchumi & KQ, he is now insolvent!

You guys are sadists Laughing out loudly Laughing out loudly Laughing out loudly

Roho mbaya sana

HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Aguytrying
#206 Posted : Tuesday, June 21, 2016 3:35:36 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Othelo wrote:
VituVingiSana wrote:
sparkly wrote:
murchr wrote:
Ericsson wrote:
Share price now at 2.95.
The race to ksh.1 per share now has a new entrant.


I trust Kipng'etich, he revealed that the suppliers are owed 3.6Bn, who else is owed money? Bank loans?


Where is @mkonomtupu, he who disagreed strongly when I said Uchumi was headed for Insolvency 2.0!
Hah! And his support for KQ. Labda, like Uchumi & KQ, he is now insolvent!

You guys are sadists Laughing out loudly Laughing out loudly Laughing out loudly


It should be left to die. Just a waste of tax payers money rescuing it with no proper action
The investor's chief problem - and even his worst enemy - is likely to be himself
AlphDoti
#207 Posted : Tuesday, June 21, 2016 3:39:53 PM
Rank: Elder


Joined: 6/20/2008
Posts: 6,274
Location: Kenya
How come those who mismanaged the company were never prosecuted? As long this is the trend, no public companies will ever succeed. You will just see the likes of Chr1s K1rub1 becoming billionaires and paraded as role models... ywk!

That is Africa for you!!!
mlennyma
#208 Posted : Tuesday, June 21, 2016 3:48:12 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,175
Location: nairobi
AlphDoti wrote:
How come those who mismanaged the company were never prosecuted? As long this is the trend, no public companies will ever succeed. You will just see the likes of Chr1s K1rub1 becoming billionaires and paraded as role models... ywk!

That is Africa for you!!!

i personally don't see the point of a whole govt involving itself in supermarket business no matter what
"Don't let the fear of losing be greater than the excitement of winning."
Ebenyo
#209 Posted : Tuesday, June 21, 2016 6:09:42 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,996
Location: Kitale
Uchumi is definitely headed to insolvency.Now can someone pliz enlighten me,when uchumi will be winded up,what happens to shareholders funds?
Towards the goal of financial freedom
murchr
#210 Posted : Tuesday, June 21, 2016 6:32:00 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,979
How low can it go?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
VituVingiSana
#211 Posted : Tuesday, June 21, 2016 6:42:25 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,060
Location: Nairobi
mlennyma wrote:
AlphDoti wrote:
How come those who mismanaged the company were never prosecuted? As long this is the trend, no public companies will ever succeed. You will just see the likes of Chr1s K1rub1 becoming billionaires and paraded as role models... ywk!

That is Africa for you!!!

i personally don't see the point of a whole govt involving itself in supermarket business no matter what
Kukula.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#212 Posted : Tuesday, June 21, 2016 9:33:48 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,641
Location: NAIROBI
Uchumi to receive a capital injection of sh.1.2bn from the government within the next 14 days
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
murchr
#213 Posted : Wednesday, June 22, 2016 4:09:25 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,979
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
enyands
#214 Posted : Wednesday, June 22, 2016 6:45:58 AM
Rank: Elder


Joined: 12/25/2014
Posts: 2,300
Location: kenya
murchr wrote:


Laughing out loudly Laughing out loudly horton ??
Ericsson
#215 Posted : Wednesday, June 22, 2016 6:52:49 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,641
Location: NAIROBI
Who listens to Cytonn investment.
Those guys are a con and don't read fundamentals keenly before giving an opinion.
That's why their predictions always fail.
You'd rather read comments on wazua
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#216 Posted : Wednesday, June 22, 2016 7:07:44 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
Uchumi to receive a capital injection of sh.1.2bn from the government within the next 14 days


Who is the Treasury CS? Who is Uchumi CEO? Why is GOK wasting taxpayers money whereas Treasury has only 14.6% shareholding? This 1.2B will end up in Wailer's pockets. Ngoja tu
Life is short. Live passionately.
Othelo
#217 Posted : Wednesday, June 22, 2016 8:55:00 AM
Rank: User


Joined: 1/20/2014
Posts: 3,528
enyands wrote:
murchr wrote:


Laughing out loudly Laughing out loudly horton ??

Sad Sad Sad
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
Akenyan2014
#218 Posted : Wednesday, June 22, 2016 9:13:53 AM
Rank: Member


Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
Othelo wrote:
enyands wrote:
murchr wrote:


Laughing out loudly Laughing out loudly horton ??

Sad Sad Sad


Shame them Shame on you Shame on you Shame on you .
Without much education on stocks, I could not buy this absurd recommendation. They should face a disciplinary action for exposing their ignorance in public.
Plimsoul
#219 Posted : Wednesday, June 22, 2016 9:29:20 AM
Rank: Member


Joined: 3/3/2016
Posts: 132
murchr wrote:


Wow, that is a knock out blow. Poor Cytonn, I know they love their brand and this really hurts.
Cornelius Vanderbilt
#220 Posted : Wednesday, June 22, 2016 9:47:20 AM
Rank: Member


Joined: 8/15/2015
Posts: 817
he who has never lost to a bad investment cast the first stone !!
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